Hello,I have a question about PPI (*sigh*)

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wh523480

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Post by wh523480 » Thu Mar 24, 2016 2:57 pm
Hello,

I have a question about PPI (*sigh*)

My IVA completed in July 2013 and I soon after received my completion certificate - great I thought, no more payments and now I'm free to start over! :-D

... then the PPI reclaiming started albeit with some success. This is still ongoing over 2 years later, but recently I received an interest refund to my surprise!

I have had 2 claims management companies doing all the work on my behalf claiming ppi, when the 1st company had finished I was forced to go through it all again with another company!

When I received my refund of just over £800, the CMC took a big slice of it and so did my IP!!?

Are they allowed to due this as I was not told they would take a cut of my refund, and not only that, to rub salt in the wound I was told I had to pay tax on my cut!!? :-(

Any comments most welcome.

Thanks,
 
 

lifenoteasy

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Post by lifenoteasy » Thu Mar 24, 2016 3:04 pm
Simple answer - yes.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
 
 

wh523480

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Post by wh523480 » Thu Mar 24, 2016 3:13 pm
Damn! :-(
 
 

Foggy

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Post by Foggy » Thu Mar 24, 2016 3:44 pm
Yep -- sorry to say LNE is correct.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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